Morocco Latest News
  • Home
  • Politics
  • Society
  • Sport
  • Economy
  • World
  • Culture
  • High-tech
No Result
View All Result
  • Home
  • Politics
  • Society
  • Sport
  • Economy
  • World
  • Culture
  • High-tech
No Result
View All Result
No Result
View All Result
Morocco Latest News
Home High-tech

Meta (Facebook) rakes in $7.47 billion in the first quarter

3 weeks ago
in High-tech
For the first time in its history, Facebook loses users
Share on FacebookShare on TwitterShare on Whatsapp

After losing users and creating panic among investors, Meta (formerly Facebook Group) managed to earn $7.47 billion in net profit in the first 3 months of fiscal 2022.

Without losing users again, Meta increased its revenue compared to its forecast. Earnings are down 21% year on year, but the market expected worse for the parent company of Facebook and Instagram, in a difficult economic environment.

The Californian group published Wednesday a turnover approaching 28 billion dollars (+7%). Its title jumped 14% during electronic trading after the closing of the New York Stock Exchange.

Investors have been eagerly awaiting these figures, especially since the announcement in February which shocked them when the social network admitted to having lost, for the first time, around one million active daily users in three months.

At the end of March, Facebook had 1.96 billion daily users, up from 1.93 at the end of December 2021, according to the company’s earnings release.

And some 3.64 billion people around the world use at least one of the group’s platforms (Facebook, Instagram, Messenger, WhatsApp) every month.

.

Tags: FacebookMetaResults
Previous Post

Repatriation of 120 Malian migrants from Libya

Next Post

a unique model in Africa

Related Posts

Elon Musk sells 8.4 billion worth of Tesla shares to fund Twitter takeover
High-tech

Elon Musk announces that the takeover of Twitter will not be done without the guarantee on fake accounts

May 18, 2022
CDG: The vaccination pass required at the entrance of all branches and annexes
High-tech

CDG launches its new “CDG Mobile” solution

May 12, 2022
End of the partnership between Fifa and EA Sports
High-tech

End of the partnership between Fifa and EA Sports

May 11, 2022
Barely launched in Morocco, the Huawei nova 9 SE is already pulverizing sales
High-tech

Barely launched in Morocco, the Huawei nova 9 SE is already pulverizing sales

May 11, 2022
Morocco has great potential to promote the local manufacture of lithium batteries
High-tech

Morocco has great potential to promote the local manufacture of lithium batteries

May 10, 2022
Microsoft, Apple and Google want to do away with passwords
High-tech

Microsoft, Apple and Google want to do away with passwords

May 7, 2022
Next Post
a unique model in Africa

a unique model in Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TRENDING

Morocco cancels the obligation of the PCR test to enter the territory

Morocco cancels the obligation of the PCR test to enter the territory

May 17, 2022
After the cancellation of the PCR test, RAM updates its travel conditions

After the cancellation of the PCR test, RAM updates its travel conditions

May 18, 2022
Reservations bounce back, Pass and PCR still a problem

Cancellation of the PCR test to access Moroccan territory: What you need to know

May 18, 2022
Exceptional flights allowed for Moroccans stranded in Portugal, Turkey and the United Arab Emirates

PCR test and vaccination pass still problematic, opinion of the CS

May 16, 2022
A “pregnant man” emoji lands on iPhones and triggers a lively controversy

A “pregnant man” emoji lands on iPhones and triggers a lively controversy

February 1, 2022

Recent News

Atlantic Free Zone, a locomotive of “job creation”

Atlantic Free Zone, a locomotive of “job creation”

May 21, 2022
Summer gatherings could accelerate the spread

Summer gatherings could accelerate the spread

May 21, 2022
Ruby, il Cavaliere and the shadow of Imane Fadil before Justice

Ruby, il Cavaliere and the shadow of Imane Fadil before Justice

May 21, 2022
The CEO of ADM officially takes over the presidency of the international road federation

The CEO of ADM officially takes over the presidency of the international road federation

May 21, 2022
Morocco Latest News

Morocco Latest News

Browse by Category

  • Culture
  • Economy
  • High-tech
  • Politics
  • Regions
  • Society
  • Sport
  • World
Follow Us
  • Privacy Policy
  • Terms & Conditions
  • Contact

© 2022 - All rights reserved moroccolatestnews.com

No Result
View All Result
  • Home
  • Politics
  • Society
  • Sport
  • Economy
  • World
  • Culture
  • High-tech

© 2022 - All rights reserved moroccolatestnews.com

This website uses cookies to ensure you get the best experience on our website. Learn more